3-bed · 1,576 sqftPark Point B, Dubai Hills Estate · 7th floor · completed 2020

708, Park Point B

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 3.2M28 October 2024
Current rentAED 144K /yr11 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Park Point B

What is 708 worth today?

Last sold for AED 3,200,000 in 2024

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28 Oct 2024SoldReady
AED 3,200,000AED 2,030 per sqft
11 Jul 2024RentedRenewal
AED 144,000/yr1 months · AED 92 per sqft
15 Nov 2023RentedNew contract
AED 140,995/yr8 months · AED 90 per sqft
21 Jun 2023SoldReady
AED 2,800,000AED 1,776 per sqft
15 Nov 2022RentedRenewal
AED 141,750/yr12 months · AED 90 per sqft
15 Nov 2021RentedNew contract
AED 135,000/yr12 months · AED 86 per sqft
11 Nov 2021Sold by developerReady
AED 2,090,781AED 1,326 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
3-bed apartment
Size
1,576 sqft
Floor
7th of 8
Parking
G107 , G106
Developer
Dubai Hills Estate
Completed
2020
Service charge
AED 33,100 /yr
Last sold
AED 3.2M · October 2024
Building
Park Point B

About 708, Park Point B

708 is a three-bedroom apartment of 1,576 sqft on the 7th floor of Park Point B, a 8-storey tower in Dubai Hills Estate completed in 2020 by Dubai Hills Estate. It last sold on 28 October 2024 for AED 3,200,000, or AED 2,030 per sqft, in line with the AED 2,046 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 11 July 2024, is AED 144,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical three-bed in Park Point B
2M3M2019202120232025Typical sale price by year: 2019 AED 1,792,888; 2021 AED 2,128,445; 2022 AED 2,225,000; 2024 AED 3,155,000; 2025 AED 3,240,000Sold by developer, November 2021: AED 2,090,781 (AED 1,326 per sqft)Sold, June 2023: AED 2,800,000 (AED 1,776 per sqft)Sold, October 2024: AED 3,200,000 (AED 2,030 per sqft)

708 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 708, each contractTypical three-bed in Park Point B
150K200K2021202320252027Typical rent by year: 2021 AED 120,000; 2022 AED 135,000; 2023 AED 150,404; 2024 AED 184,800; 2025 AED 223,510; 2026 AED 195,000New contract, November 2021: AED 135,000 a yearRenewal, November 2022: AED 141,750 a yearNew contract, November 2023: AED 140,995 a yearRenewal, July 2024: AED 144,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Park Point B, and where 708 sits

All 39 3-beds →

708 last sold in October 2024 at AED 2,030 per sqft, in line with what three-beds in Park Point B were fetching at the time (AED 2,046). Over the last 12 months three-beds sold for AED 3,450,000, around AED 2,349 per sqft, and rent for AED 150,000 to 255,000 a year. 708's AED 144,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Nov 20253,450,000
23 Oct 20253,490,000
18 Jun 20253,240,000
16 Jun 20253,100,000
1 3-bed sale in the last 12 months

Park Point B

Building

94 apartments, 1-bed to 3-bed over 8 floors in Dubai Hills Estate, completed in 2020 by Dubai Hills Estate. 4 sold in the last 12 months.

Typical price per sqft
AED 2,214
Typical sale
AED 2.03M
Typical rent
AED 140K /yr
Typical yield
6.0%
Park Point B, Dubai Hills Estate: prices, sales and rents →

Other units on the 7th floor

All 94 units in Park Point B
Value
7013-bedAED 1.75M · Mar 2019
7023-bedAED 2.45M · Mar 2022
7033-bedAED 2M · Jul 2022
7042-bedAED 1.14M · Mar 2019
7052-bedAED 1.68M · Apr 2019
7062-bedAED 1.38M · Jul 2019
7073-bedAED 2.95M · Jan 2025
1–7 of 9

708, Park Point B in numbers

  • Sold 3 times: first on 11 November 2021 for AED 2,090,781, last on 28 October 2024 for AED 3,200,000 (AED 2,030 per sqft).
  • Rented since November 2021 on 4 Ejari contracts, from AED 135,000 to AED 144,000 a year.
  • At AED 144,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 33,100 a year (AED 21.01 per sqft).
  • Three-beds in Park Point B sold for AED 3,450,000–3,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,214 per sqft.

Source: Dubai Land Department. Updated 28 October 2024.

Questions about 708, Park Point B

What did unit 708 last sell for?

AED 3,200,000 on 28 October 2024: AED 2,030 per sqft for 1,576 sqft. The unit has 3 registered sales; the first was AED 2,090,781 in November 2021.

What is the rent for unit 708?

AED 144,000 a year on the contract renewed on 11 July 2024. The previous contract, from November 2023, was AED 140,995; the unit has been rented since November 2021.

How big is unit 708?

1,576 sqft (146.4 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2020.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Park Point B sold for AED 3,450,000 to 3,450,000 in the last 12 months, around AED 2,349 per sqft.

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Mortgage on 708, Park Point B

Starts from the last sale price (AED 3.2M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →